Washington,: US President Donald Trump has proposed a budget of 4.7 trillion dollars in the White House with a demand of $ 8.6 billion for building...

Washington,: US President Donald Trump has proposed a budget of 4.7 trillion dollars in the White House with a demand of $ 8.6 billion for building the US-Mexico Border Wall for the fiscal year -2020. There is also a proposal of five percent increase in defense expenditure, with a reduction of five percent on domestic expenditure. The passage of these budget proposals is in the jurisdiction of the Congress, whereas there is a majority of the Democratic Party in the Lower House Representative of the Congress. Speaker of the House of Representatives, Nancy Pelosi, has already expressed objections to the requisite amount for the construction of the wall. Earlier, Trump had demanded $ 5.3 billion for the construction of the wall.

Democratic Party leader Chuck Schumer, reacting sharply on these proposals, said that there is no justification for allocation of funds to the President's wall construction. This will increase the gap between rich and poor. This proposal must be passed by October 1, otherwise the administration's activities are expected to be stalled again.There is a public debt of US $ 22 trillion, which increases $ 400 billion per annum. Trump had cut tax of $ 1.5 trillion last year. On the other hand, a representative from the White House has said that this budget will bring far-reaching consequences for the reduction in expenses.